516 S Anacortes St, Burlington, 98233

REDUCED 2% Multi Family - 52 - Duplex For Sale in Burlington

$479,900

Beds
Baths
2,787Sqft
.13Acres
1923Built
82DOM
MLS® #: 1454765
Active, 82 Days on Market

Turnkey investment opportunity, with a cap rate of 6.3% - Duplex unit is a 1 bed/1 bath with garage, 2nd unit is a 6 bedroom, all rooms are rented individually, 2 rooms are rented month to month, other 4 rooms are long term renters (4-7 years) with common areas (2 kitchens and 3.5 baths). All rents total $4125 a month. Most utilities are paid by the landlord. There are separate gas and electric meters for both units. Excellent location close to restaurants, stores, shopping, and bus stop.

Listing Office: Windermere RE Skagit Valley.

Price & Status History

Date Details
Price Reduced from $489,900 to $479,900

Essential Information

MLS® #: 1454765
Price: $479,900
Bathrooms: 0.00
Square Footage: 2,787
Acres: 0.13
Year Built: 1923
Type: Multi Family
Sub-Type: 52 - Duplex
Status: Active

Community Information

Address: 516 S Anacortes St
Area: Burlington
Subdivision: Burlington
City: Burlington
County: Skagit
State: WA
Zip Code: 98233

Amenities

Amenities: Coin Op Laundry

Interior

Heating: Baseboard, Forced Air, Stove/Free Standing, Wall

Exterior

Exterior: Wood
Lot Description: Alley, Paved Street, Sidewalk
Roof: Composition
Foundation: Slab

School Information

District: Burlington
Elementary: Buyer To Verify
Middle: Buyer To Verify
High: Burlington Edison Hi

Additional Information

Days on Market: 82
Cumulative Days on Market: 82
Zoning: Multi-Family

Financials

$/SqFt: $172

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Listing information last updated on September 18th, 2019 at 8:58am PDT.